News

Actions

Sunoco selling most of its convenience stores to 7-Eleven

Deal valued at $3.3 billion
Posted

DALLAS (AP) — Sunoco is selling most of its convenience stores to 7-Eleven in a deal valued at $3.3 billion as it looks to focus more on its fuel supply business.

7-Eleven Inc. will get about 1,110 convenience stores, mostly along the East Coast and in Texas. Approximately 200 convenience stores in Texas, New Mexico and Oklahoma will be sold separately. The transaction also includes fuel, merchandise and other inventories. It does not include Sunoco's APlus franchisee-run stores or its Aloha Petroleum unit in Hawaii.

As part of the deal, Sunoco LP will have a 15-year take-or-pay fuel supply agreement with a 7-Eleven subsidiary, under which Sunoco will supply approximately 2.2 billion gallons of fuel a year.

The sale, announced Thursday, is expected to close by the fourth quarter.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Saturday

03/28/2026

Sunny

89° / 60°

0%

Sunday

03/29/2026

Partly Cloudy

89° / 61°

1%

Monday

03/30/2026

Cloudy

86° / 61°

0%

Tuesday

03/31/2026

Cloudy

75° / 59°

10%

Wednesday

04/01/2026

Partly Cloudy

76° / 55°

10%

Thursday

04/02/2026

Partly Cloudy

73° / 48°

14%

Friday

04/03/2026

Mostly Sunny

75° / 49°

1%

Saturday

04/04/2026

Sunny

82° / 53°

0%